Nordic Shipholding — Proxy Solicitation & Information Statement 2008

Oct 23, 2008

Stock Exchange Release no. 30 Made public via OMX on 23 October 2008

Proxy form

Our attention has been directed to the unfortunate consequences of the fact that the proxy form issued for the general meeting to be held on 31 October 2008 does not include a blank box allowing shareholders to appoint someone other than the Supervisory Board of the company.

The company regrets this situation, which is not in contravention of the requirements of section 73(5) of the Danish Companies Act, but which may cause uncertainty among some shareholders as to whom the shareholder may appoint as his proxy.

Against this background, the company has promptly issued a new proxy form, which allows the shareholder to either appoint the Supervisory Board as his proxy or any third party of his choice.

This new proxy form is available on the company's website. Moreover, VP Investor Services a/s, which processes registrations on behalf of the company, will accept proxy forms where the shareholder has crossed out "Supervisory Board" and inserted the name of the third party that he appoints as his proxy.

To ensure that this situation will not in any way prevent shareholders from exercising their rights at the general meeting through a proxy, the deadline for registration for the general meeting, including the deadline for submission of proxy forms, has been extended by two days to expire on Wednesday 29 October 2008 at 16:00. The proxy form must have reached VP Investor Services a/s by then.

For further information: Chairman of the Board Steen Bryde, tel.: +45 38 32 10 00/+ 45 20 22 10 11

PROXY FORM

The undersigned shareholder:

Name, address, postal code, city

CVR no. /civil reg. no.___________________________________

holding nominally DKK shares in Nordic Tankers A/S, hereby appoint

Name, address, postal code, city

to attend and vote the shares represented by this instrument of proxy at the extraordinary general meeting of Nordic Tankers A/S, CVR no. 76 35 17 16, to be held on Friday 31 October 2008.

My proxy is authorised to vote in any ballot that may take place at the extraordinary general meeting.

2008 $\sqrt{2}$ $\overline{\phantom{a}}$ , and the contract of $\overline{\phantom{a}}$ , and $\overline{\phantom{a}}$ , and $\overline{\phantom{a}}$ , and $\overline{\phantom{a}}$

Signature of shareholder